Saint-Gobain proposes $80M renovation with TIF support
Town of NorthboroughCity · Northborough, MA- Disclosed value
- $80,000,000 - $100,000,000
- From minutes
- Document date
- Jul 14, 2025
- Term
- 15 years
The 30-second brief
Saint-Gobain proposes $80-100 million campus renovation with a TIF agreement including a tax abatement on a declining scale over 15 years, and a total tax impact to the community estimated at $34 million over 35 years.
SAINTGOBAIN holds this tax increment financing (tif) contract with Town of Northborough. Its other public contracts on record include work for Ranger College.
Term as filed: 15 years.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Tax Increment Financing (Tif)
- Amount
- $80,000,000 - $100,000,000
- Document date
- July 14, 2025
- Term
- 15 years
- Vendor
- SAINTGOBAIN
- Agency
- Town of Northborough
- Source document
- town-of-northborough-select-board-meeting-minutes-july-14-2025_722.pdf (Minutes)
SAINTGOBAIN's other public contracts
More Town of Northborough contracts
Questions about this contract
Who was awarded the tax increment financing (tif) contract by Town of Northborough?
SAINTGOBAIN was awarded this tax increment financing (tif) contract by Town of Northborough, as recorded on July 14, 2025. The contract value is $80,000,000 - $100,000,000.
How much is the SAINTGOBAIN contract with Town of Northborough worth?
The SAINTGOBAIN contract with Town of Northborough is valued at $80,000,000 - $100,000,000, covering tax increment financing (tif) work.
What type of contract is this?
This is a Tax Increment Financing (Tif) contract, documented as a minutes record.
Where was this contract approved?
This contract appears in town-of-northborough-select-board-meeting-minutes-july-14-2025_722.pdf (Minutes), dated July 14, 2025 from Town of Northborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does SAINTGOBAIN hold?
SAINTGOBAIN may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Northborough currently buying?
Explore Town of Northborough's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.